Wellspring Blog

Research and development (R&D) is the lifeblood of innovation. Universities, corporations, state and federal agencies, laboratories, and nonprofits all utilize R&D to advance scientific discovery and generate innovation that creates jobs and improves quality of life. This issue of the Illinois... Read More

While there are many reasons to attend the Sophia User Group Meeting, some are better than others. To help, we've summarized some of the best below: Read More

With docketing being one of the most crucial functions for intellectual property management, offices need an effective IP docketing system that can reduce spending and labor needed to process and maintain intellectual property claims. Fundamentally, IP docketing software functions like a virtual... Read More

Although large multinationals can no longer maintain the R&D and innovation monopolies they enjoyed in previous decades as displayed by research centers such as Xerox’s PARC, there nonetheless remains a disparity in the level of investment between firms. A phenomenon has emerged where dominant... Read More

With over 140,000 novel compounds analyzed before selecting one for commercialization, Dow AgroSciences depends on technology scouting to continually fill its global R&D pipeline with new opportunities. Even with 8,000 employees, this is a task too large to be done solely through internal research. Read More

For many organizations, success is largely based on the speed with which they can bring products to market. Especially in markets where competitors can easily gain a foothold, first mover advantage helps solidify leadership and establish an effective competitive advantage. Read More

With the dilution of the R&D monopoly most Fortune 50 company could wield through mass corporate research parks such as Xerox’s PARC, organizations have begun to compensate through external technological innovation. Given the reality that no single organization has more than 1% of the global R&D... Read More

Open innovation has been positioned as a solution to myopic internal R&D efforts, with crowdsourcing being the primary means with which large organizations are willing to outsource their internal R&D. While crowdsourcing is effective in solving small problems such as coloring and naming of... Read More

With a growing emphasis on developing clusters of innovation through public/private partnerships, universities have increased investment in technology centers and research parks. However, given the constraints placed on research parks in terms of financial and personnel resources, institutions need... Read More

How does a research office demonstrate economic, technological, and social impact? Given the high expectations placed on research parks in terms of innovative capability and economic impact, being able to automate data management and reporting is crucial to identifying whether current efforts and... Read More